Bank Of Baku

UK reportedly axes construction of new national flagship to save money

UK reportedly axes construction of new national flagship to save money
# 30 October 2022 22:33 (UTC +04:00)

The new UK government has abandoned plans to build a new national flagship for the Royal Navy to cut budget spending, a British media outlet said on Sunday, citing a senior government source, APA reports citing Sputnik.

In 2021, UK Defense Secretary Ben Wallace said that his ministry would commission the construction of the new national flagship, which would cost up to 250 million pounds ($290 million).

The vessel was expected to become the "jewel in the crown" of the national shipbuilding strategy and a "floating embassy" to promote the UK's diplomatic and trading interests in coastal capitals around the world.

"The national flagship… will not be going ahead any time soon. The Prime Minister's team have identified it as non-essential and therefore it is off the list in order to make savings," the source told the newspaper.

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